NASDAQ:MRVL

Marvell Technology Stock Forecast, Price & News

$60.31
+1.32 (+2.24 %)
(As of 07/29/2021 12:00 AM ET)
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Today's Range
$59.10
$60.39
50-Day Range
$46.22
$58.99
52-Week Range
$32.53
$60.38
Volume5.45 million shs
Average Volume9.40 million shs
Market Capitalization$49.42 billion
P/E RatioN/A
Dividend Yield0.41%
Beta1.1
30 days | 90 days | 365 days | Advanced Chart
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Marvell Technology logo

About Marvell Technology

Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; application specific integrated circuits; and printer SoC products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fiber channel products, including host bus adapters, and controllers for server and storage system connectivity. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. Marvell Technology, Inc. is headquartered in Wilmington, Delaware.

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MarketRank

Overall MarketRank

2.21 out of 5 stars

Business Services Sector

49th out of 545 stocks

Semiconductors & Related Devices Industry

19th out of 151 stocks

Analyst Opinion: 2.4Community Rank: 3.4Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Marvell Technology (NASDAQ:MRVL) Frequently Asked Questions

Is Marvell Technology a buy right now?

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marvell Technology in the last year. There are currently 3 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Marvell Technology stock.
View analyst ratings for Marvell Technology
or view top-rated stocks.

What stocks does MarketBeat like better than Marvell Technology?

Wall Street analysts have given Marvell Technology a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Marvell Technology wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Marvell Technology's next earnings date?

Marvell Technology is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for Marvell Technology
.

How were Marvell Technology's earnings last quarter?

Marvell Technology, Inc. (NASDAQ:MRVL) released its quarterly earnings results on Sunday, June, 6th. The semiconductor company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.02. The semiconductor company earned $832.28 million during the quarter, compared to analysts' expectations of $803.02 million. Marvell Technology had a negative net margin of 8.13% and a positive trailing twelve-month return on equity of 5.25%. During the same period in the prior year, the company posted $0.18 earnings per share.
View Marvell Technology's earnings history
.

How has Marvell Technology's stock price been impacted by Coronavirus (COVID-19)?

Marvell Technology's stock was trading at $22.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MRVL shares have increased by 174.0% and is now trading at $60.31.
View which stocks have been most impacted by COVID-19
.

How often does Marvell Technology pay dividends? What is the dividend yield for Marvell Technology?

Marvell Technology announced a quarterly dividend on Thursday, June 3rd. Stockholders of record on Friday, July 9th will be paid a dividend of $0.06 per share on Wednesday, July 28th. This represents a $0.24 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date of this dividend is Thursday, July 8th.
View Marvell Technology's dividend history
.

Is Marvell Technology a good dividend stock?

Marvell Technology pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.41%. Marvell Technology does not yet have a strong track record of dividend growth. The dividend payout ratio of Marvell Technology is 41.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Marvell Technology will have a dividend payout ratio of 17.14% next year. This indicates that Marvell Technology will be able to sustain or increase its dividend.
View Marvell Technology's dividend history.

What guidance has Marvell Technology issued on next quarter's earnings?

Marvell Technology issued an update on its second quarter 2022 earnings guidance on Tuesday, July, 6th. The company provided EPS guidance of $0.280-$0.340 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.300. The company issued revenue guidance of $1.03 billion-$1.10 billion, compared to the consensus revenue estimate of $1.04 billion.

What price target have analysts set for MRVL?

25 analysts have issued 1 year price targets for Marvell Technology's stock. Their forecasts range from $40.00 to $70.00. On average, they expect Marvell Technology's share price to reach $55.27 in the next year. This suggests that the stock has a possible downside of 8.4%.
View analysts' price targets for Marvell Technology
or view top-rated stocks among Wall Street analysts.

Who are Marvell Technology's key executives?

Marvell Technology's management team includes the following people:
  • Mr. Matthew J. Murphy, Pres, CEO & Director (Age 48, Pay $2.87M) (LinkedIn Profile)
  • Ms. Jean X. Hu, Chief Financial Officer (Age 58, Pay $1.28M) (LinkedIn Profile)
  • Mr. Mitchell Lee Gaynor, Exec. VP, Chief Admin. & Legal Officer and Sec. (Age 61, Pay $1.16M)
  • Mr. Daniel W. Christman, Exec. VP of Storage Bus. Group (Age 49, Pay $1.01M)
  • Mr. Raghib Hussain, Pres of Products & Technologies (Age 48, Pay $1.34M)
  • Dr. Sehat Sutardja, Co-Founder (Age 59)
  • Ms. Weili Dai, Co-Founder (Age 59)
  • Mr. Christopher Koopmans, Chief Operations Officer (Age 44)
  • Mr. Willem A. Meintjes, Chief Accounting Officer (Age 40) (LinkedIn Profile)
  • Ashish Saran, VP of Investor Relations

What is Matt Murphy's approval rating as Marvell Technology's CEO?

247 employees have rated Marvell Technology CEO Matt Murphy on Glassdoor.com. Matt Murphy has an approval rating of 89% among Marvell Technology's employees.

Who are some of Marvell Technology's key competitors?

What other stocks do shareholders of Marvell Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Marvell Technology investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), QUALCOMM (QCOM), Alibaba Group (BABA), Intel (INTC), salesforce.com (CRM), The Walt Disney (DIS), Cisco Systems (CSCO) and Square (SQ).

What is Marvell Technology's stock symbol?

Marvell Technology trades on the NASDAQ under the ticker symbol "MRVL."

Who are Marvell Technology's major shareholders?

Marvell Technology's stock is owned by a number of retail and institutional investors. Top institutional investors include LaFleur & Godfrey LLC (0.02%), IFM Investors Pty Ltd (0.01%), DAVENPORT & Co LLC (0.01%), TCW Group Inc. (0.00%), New England Research & Management Inc. (0.00%) and Archford Capital Strategies LLC (0.00%). Company insiders that own Marvell Technology stock include Andrew Micallef, Dan Christman, Dean E Jr Jarnac, Edward H Frank, Jean X Hu, Matthew J Murphy, Michael G Strachan, Mitchell Gaynor, Oleg Khaykin, Richard Hill, Willem A Meintjes and Willem A Meintjes.
View institutional ownership trends for Marvell Technology
.

Which institutional investors are selling Marvell Technology stock?

MRVL stock was sold by a variety of institutional investors in the last quarter, including Harvest Management LLC, and Harel Insurance Investments & Financial Services Ltd.. Company insiders that have sold Marvell Technology company stock in the last year include Andrew Micallef, Dean E Jr Jarnac, Jean X Hu, Matthew J Murphy, Michael G Strachan, Mitchell Gaynor, and Willem A Meintjes.
View insider buying and selling activity for Marvell Technology
or view top insider-selling stocks.

Which institutional investors are buying Marvell Technology stock?

MRVL stock was purchased by a variety of institutional investors in the last quarter, including TCW Group Inc., DAVENPORT & Co LLC, IFM Investors Pty Ltd, LaFleur & Godfrey LLC, Archford Capital Strategies LLC, Stratos Wealth Partners LTD., Miracle Mile Advisors LLC, and Usca Ria LLC.
View insider buying and selling activity for Marvell Technology
or or view top insider-buying stocks.

How do I buy shares of Marvell Technology?

Shares of MRVL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Marvell Technology's stock price today?

One share of MRVL stock can currently be purchased for approximately $60.31.

How much money does Marvell Technology make?

Marvell Technology has a market capitalization of $49.42 billion and generates $2.97 billion in revenue each year. The semiconductor company earns $-277,300,000.00 in net income (profit) each year or $0.58 on an earnings per share basis.

How many employees does Marvell Technology have?

Marvell Technology employs 5,340 workers across the globe.

Does Marvell Technology have any subsidiaries?

The following companies are subsidiares of Marvell Technology: Aquantia, Aquantia (Cayman) Ltd., Aquantia B.V., Aquantia C.V., Aquantia Corp., Aquantia Czech s.r.o , Aquantia Japan G.K., Aquantia LLC, Aquantia Rus LLC, Aquantia Semiconductor India Pvt Ltd, Aquantia Technology B.V., Avago - Printer ASICs, Avera, Avera Semiconductor LLC, Cavium, Cavium India Holdings LLC, Cavium International, Cavium LLC, Cavium Networks (India) Private Limited, Cavium Networks Asia, Cavium Networks International, Cavium Networks International Inc., Cavium Networks LLC, Cavium Networks Singapore Pte. Ltd., Cavium Semiconductor Technology (Shanghai) Co. Ltd., Cavium Taiwan Ltd., Cavium UK Ltd., Diseño de Sistemas en Silicio, Galileo Technology, Iamba Networks, Inphi, Kinoma Inc., Marvell Asia Pte Ltd, Marvell Hong Kong Limited, Marvell India Private Limited, Marvell International Ltd., Marvell International Technology Ltd., Marvell Israel (M.I.S.L) Ltd., Marvell Italia S.r.l., Marvell Japan K.K., Marvell Netherlands B.V., Marvell Semiconductor Canada Inc., Marvell Semiconductor Germany GmbH, Marvell Semiconductor Inc., Marvell Semiconductor Korea Ltd., Marvell Semiconductor Ltd., Marvell Semiconductor Sdn. Bhd., Marvell Semiconductor Technology S.a.r.l., Marvell Software Solutions Israel, Marvell Switzerland S.a.r.l., Marvell Taiwan Ltd., Marvell Technology (Beijing) Ltd., Marvell Technology (Chengdu) Ltd., Marvell Technology (Nanjing) Ltd., Marvell Technology (Shanghai) Ltd., Marvell Technology Denmark ApS, Marvell Technology Inc., Marvell Technology Japan Y.K., Marvell Technology Sweden AB, Marvell Technology Vietnam LLC, Marvell UK Limited, Marvell World Trade Ltd., NetXen Inc., PT. Marvell Technology Indonesia, PicoMobile Networks, QLGC Limited (Ireland), QLogic Hong Kong Ltd., QLogic India Pvt. Ltd., QLogic International Holdings Inc., QLogic International Ltd., QLogic LLC, QLogic Storage Network Infrastructure (Beijing) Co. Ltd., QLogic Switch Products LLC, SysKonnect, Utopia Capital Holdings Ltd., and Xelerated.

When was Marvell Technology founded?

Marvell Technology was founded in 1995.

What is Marvell Technology's official website?

The official website for Marvell Technology is www.marvell.com.

Where are Marvell Technology's headquarters?

Marvell Technology is headquartered at 22 VICTORIA STREET, HAMILTON D0, HM 12.

How can I contact Marvell Technology?

Marvell Technology's mailing address is 22 VICTORIA STREET, HAMILTON D0, HM 12. The semiconductor company can be reached via phone at 441-296-6395 or via email at [email protected]


This page was last updated on 7/29/2021 by MarketBeat.com Staff
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